Is Divide, CO a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
At the same time last year, Divide was a Seller's Market.
Key Takeaway
Divide is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Divide, CO
How much do homes in Divide, CO cost?
Median Sold Price
$535,000
$282/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Divide have sold for 2.6% more than they did a year ago.
Summary: The median home sold price in Divide was $535,000 in March 2024, up 2.6% from last year, and the median price per square foot was $282.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $292.5K | $208K | -28.9% |
| 2 Bedrooms | $350K | $418K | +19.4% |
| 3 Bedrooms | $495K | $522.5K | +5.6% |
| 4 Bedrooms | $599.5K | $650K | +8.4% |
| 5+ Bedrooms | $745K | $760K | +2.0% |
Summary: Divide housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 28.9%, 2 bedroom homes increased by 19.4%, 3 bedroom homes increased by 5.6%, 4 bedroom homes increased by 8.4%, and 5+ bedroom homes increased by 2%.
Median Sold Price Compared To Nearby Cities
| Cascade | $540K | $611K | +13.1% |
| Florissant | $460K | $488K | +6.1% |
| Divide | $521.6K | $535K | +2.6% |
| Woodland Park | $580K | $565K | -2.6% |
Housing Supply in Divide, CO
How many homes are available in Divide, CO?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 177 | 204 | +15.3% |
Summary: The Divide real estate market had 204 homes for sale in March 2024, a 15.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 7 | -12.5% |
| 2 Bedrooms | 21 | 31 | +47.6% |
| 3 Bedrooms | 89 | 98 | +10.1% |
| 4 Bedrooms | 38 | 46 | +21.1% |
| 5+ Bedrooms | 21 | 22 | +4.8% |
Summary: The Divide housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 12.5%, 2 bedroom homes increased by 47.6%, 3 bedroom homes increased by 10.1%, 4 bedroom homes increased by 21.1%, and 5+ bedroom homes increased by 4.8%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 16 | +6.7% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Divide, you may be able to get a good deal. 62.5% of homes here sold below asking price last month.
Summary: A total of 16 homes were sold or pending in Divide in March 2024, up by 6.7% month-over-month. Of the 16 sold homes, 63% were sold under asking, 25% were sold at asking, and 13% were sold over asking.
Days on Market for Divide, CO
How long does it take to sell a home in Divide, CO?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 80 Days | 99 Days | +23.8% |
Summary: Homes in Divide had an average of 99 days on market in Mar 2024, up by 23.8% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
8 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Divide has remained consistent over time.
Summary: During March 2024, 16 homes were sold in Divide; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
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